Share of Merchandise Exports at Current Purchasing Power Parities for Singapore
CSHXCPSGA156NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.15
Year-over-Year Change
-21.60%
Date Range
1/1/1960 - 1/1/2019
Summary
This economic trend measures Singapore's share of global merchandise exports adjusted for purchasing power differences across countries. It provides insights into Singapore's trade competitiveness and role in the global economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The share of merchandise exports at current purchasing power parities (PPPs) tracks the proportion of global goods exports originating from Singapore. It accounts for price level differences across countries, offering a more accurate representation of relative trade performance.
Methodology
The data is calculated by the World Bank using national accounts and trade statistics.
Historical Context
This metric is used by economists and policymakers to assess Singapore's trade position and competitiveness.
Key Facts
- Singapore accounts for over 2% of global merchandise exports.
- Singapore's trade-to-GDP ratio exceeds 200%, one of the highest in the world.
- The PPP adjustment helps control for currency fluctuations and price differences
FAQs
Q: What does this economic trend measure?
A: This trend measures Singapore's share of global merchandise exports, adjusted for purchasing power differences across countries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Singapore's trade competitiveness and role in the global economy, which is crucial for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using national accounts and trade statistics.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to assess Singapore's trade position and competitiveness.
Q: Are there update delays or limitations?
A: The data is updated annually and may have a slight delay compared to real-time trade figures.
Related Trends
Share of Gross Capital Formation at Current Purchasing Power Parities for Malawi
CSHICPMWA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Paraguay
CSHCCPPYA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for Fiji
CSHCCPFJA156NRUG
Share of Household Consumption at Current Purchasing Power Parities for El Salvador
CSHCCPSVA156NRUG
Share of Merchandise Exports at Current Purchasing Power Parities for India
CSHXCPINA156NRUG
Share of Merchandise Imports at Current Purchasing Power Parities for Guinea
CSHMCPGNA156NRUG
Citation
U.S. Federal Reserve, Share of Merchandise Exports at Current Purchasing Power Parities for Singapore (CSHXCPSGA156NRUG), retrieved from FRED.